Increased my holding today. I wonder what the run to ex div date will be like. I'm not one to queue but when I walk by Greggs theres often a big one. |
Barclays raises Greggs price target to 3,335 (3,080) pence - 'overweight' |
Good follow through buying today. |
Greggs staff to share £17.6m bonus pot after record annual profit
Bakery chain overtakes McDonald’s to become UK’s most popular breakfast spot |
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Russ Mould, investment director at AJ Bell, commented: ‘Greggs is getting more from existing stores by having them open for longer, while at the same time it continues to open new sites. Behind the scenes, it is reinvesting cash flow into manufacturing, distribution and logistics capabilities to support its growth.’
Mould pointed out the FTSE 250 firm’s ‘drive to be the food-on-the-go king is paying off’, with Greggs’ market share at an all-time high and the business having grabbed the top spot for breakfast.
‘It’s hard to think of another British company which remains a core name on the high street and which is still growing as much as Greggs. The brand is now iconic and its sausage rolls legendary. The pace of growth actually slowed each quarter during the past year, albeit still delivering the kind of success most companies can only dream of.’
Begbies Traynor’s (BEG:AIM) Julie Palmer said: ‘The success of Greggs’ delivery partnerships, as well as extended trading hours and a more efficient supply chain, clearly demonstrate that management are finding all the right ingredients to drive sustainable growth alongside the store opening programme.
‘Momentum has clearly continued into the new financial year, but the food-to-go operator must soon grapple with a minimum wage increase and another hike in business rates, so maintaining expectations is the cherry on the top at a time when companies are being fairly conservative given the levels of uncertainty.’
SHARESMAGAZINE.CO.UK |
Greggs rolls out good news on costs and job opportunities
Investors welcome news of a special dividend as the company says breakfasts and its expanded footprint are helping it meet ambitious growth targets |
They could of course pledge to include the Real Living Wage into the Greggs Pledge thus removing the risk of getting posted onto a government website. |
Bought GNC (LSE) who is the manufacturer for Greggs sandwiches |
Breaking all sots of records, including failing to pay the minimum wage to 4793 workers, now we know where part of the special dividend came from ! - directors rewarding themselves once again.
Greggs Plc, Newcastle upon Tyne, NE12, failed to pay £219,129.07 to 4,793 workers. |
Nothing wrong with those numbers 😊👍 |
Great results yet again. Greggs are a juggernaut. My dear friend Paul Kerin and I covered Greggs last year on the Desert Island Investor -
Watch on You Tube -
Listen on Progressive Equity Research -
hxxps://progressive-research.com/series/the-desert-island-investor/ |
How impressive!
46p dividend plus a special dividend of 40p |
Greggs launches 'unreal' burgers in menu revamp - but fans moan they 'can't find them anywhere' |
Year high by March 5 results day looks likely |
Estee Lauder, Greggs and easyjet among employers HMRC says failed to pay minimum wage |
I think Greggs should be able to hold its own against that lot, Philanderer. Hope so, anyway, as my p/f is not looking too good a.t.m. Red is not my favourite colour. |
Prelim results on Mar 5. Rising until then. On the day I predict nice news. Gla. |
'Eight unusual Valentine's stock picks: Fund managers pick companies from Ferrari to Greggs' |
Having looked at the article, since I'm not in the North I can't but I can't say, having looked at the pics, I feel very disappointed. Hope they go down well up there. |
Perhaps I should order one for myself. LOL. |
Nobody listened! (On here at least) There's more to come!! |
Greggs launches gift cards for Valentine's Day |
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